by Jason Apollo Voss | 01 04 2011 | Blog
Department of Labor data for March shows that the U.S. economy created 216,000 jobs and that the unemployment rate fell to 8.8%. This compares to expectations by economists of 195,000 jobs created and no change in the 8.9% unemployment rate. Analysis: The...
by Jason Apollo Voss | 31 03 2011 | Blog
Department of Labor data show that weekly jobless claims fell by 6,000 last week to a level of 388,000. These data are notoriously volatile so the four-week moving average is a more reliable number and was up 3,250 to 394,250. Analysis: Both of the above...
by Jason Apollo Voss | 30 03 2011 | Blog
According to massive payroll firm, ADP, the U.S. economy created 201,000 jobs in March. Analysis: Really there isn’t much to say here other than that this big job add figure is very welcome. Even in a month where the public’s focus was on crises in...
by Jason Apollo Voss | 30 03 2011 | Blog
Independent survey firm, Challenger, Gray & Christmas (CGC) of Chicago, announced that planned firings are down 39% from March of last year. This percentage figure represents translates into planned job losses of 41,528. Additionally, compared to just last...
by Jason Apollo Voss | 29 03 2011 | Blog
This morning the Conference Board reported that March consumer confidence fell to 63.4 from February’s (revised upward) level of 72.0. Analysis: This result had to be expected given the uncertainty generated by the crises in both the Middle East and...
